{"url_path":"/sec/bnkk/8-k/2026-09-11/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 Entry into a Material Definitive Agreement**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-09-11","source_url":"https://www.sec.gov/Archives/edgar/data/1760903/0001493152-26-042401-index.html","accession_number":"0001493152-26-042401","cik":"0001760903","ticker":"BNKK","issuer_name":"BONK, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1760903/0001493152-26-042401-index.html","primary_entity_key":"0001760903","primary_entity_name":"BONK, INC."},"word_count":254,"has_tables":true,"body_markdown":"**Item\n1.01 Entry into a Material Definitive Agreement**\n\n** **\n\nOn\nSeptember 4, 2026, Bonk, Inc. (the “**Company**”) entered into a Preferred Stock Redemption Agreement (the “**Agreement**”)\nwith Core4 Capital Holdings Corp (“**Core4**”), an Ohio corporation. Core4 is the holder of 100,000 Preferred Series A\nShares of Stock (the “**Preferred Shares**”) of the Company. Pursuant to the terms of the Agreement, the Company will\npurchase from Core4, 26,667 of the Preferred Shares for an aggregate purchase price (the “**Purchase Price**”) of Four\nMillion Dollars ($4,000,000.00). The Purchase Price is payable via wire transfer within three (3) business days of the execution of the\nAgreement.\n\n \n\nFollowing\nthe consummation of the transactions pursuant to the Agreement, Core4 will hold 73,333 Preferred Shares and in the event of a merger,\nconvert the 73,333 Preferred Shares to 1,516,873 shares of Common Stock of the Company.\n\n \n\nAs\npart of the consideration for the Purchase Price, Core4 has agreed to irrevocably waive all anti-dilution rights with respect to the\nPreferred Shares and all rights under the Certificate of Designation of Preferences, Rights and Limitations of Series A Convertible Preferred\nStock filed on May 2, 2025, including voting rights, liquidation preferences, and conversion rights. Core4 has also agreed to a general\nrelease of claims against the Company arising from Core4’s investment in the Company.\n\n \n\nThe\nforegoing description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the full text\nof the Agreement, which is filed as Exhibit 10.1 hereto and incorporated herein by reference."}